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At a glance
Returns
linked to the performance of the FTSE 100 Index
A
full return of original capital at maturity, plus
enhanced benefits of:
|
If FTSE 100 Index rises
A profit of 1.5 x the rise in the Index
Except if the Index rises by more than 100% at any time after
the Plan has started |
OR |
If FTSE 100 Index falls
A profit of 1.5 x the fall in the Index
Except if the Index falls by more than
100% at any time after the Plan has
started |
How the Plan works
when the FTSE 100 Index rises
Capital
Protection
At maturity in
June 2014, the Plan is designed to pay you a full
return of the money you invest, regardless of how the
FTSE 100 Index (“the Index”) performs over the 6 year
investment term.
Enhanced
Returns if the FTSE 100 rises
A growth payment will be paid
in addition to the capital return if both of the
following apply:
|
the Final Level of the FTSE 100
Index at the end of the investment
term is higher than its Initial Level
at the start of the Plan; |
AND |
the level
of the FTSE 100 Index, at
any time during the investment
term, has never risen to more than
twice its level at the start of the
Plan
|
The payment will equal 1.5% for each 1% the Final Level
has risen from the Initial Level.
For example, if the Final Level is 40% above the Initial
Level and the Index had not more
than doubled at any stage the growth payment would be
60% (1.5% x 40)
How the Plan works
when the FTSE 100 Index falls
Capital
Protection
At maturity in
June 2014, the Plan is designed to pay you a full
return of the money you invest, regardless of how the
FTSE 100 Index (“the Index”) performs over the 6 year
investment term.
Enhanced
Returns if the FTSE 100 falls
A growth payment will be paid
in addition to the capital return if both of the
following apply:
|
the Final Level of the FTSE 100
Index at the end of the investment
term is lower than its Initial Level
at the start of the Plan; |
AND |
the level
of the FTSE 100 Index, at
any time during the investment
term, has never fallen by more than
half of its level at the start of the
Plan
|
The payment will equal 1.5% for each 1% the Final Level
has fallen from the Initial Level to the Final level.
For example, if the Final Level is 30% below the Initial
Level and the Index had not fallen by half at any stage
the growth payment would be 45% (1.5% x 30)
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Dates |
|
Offer closes 21 May 2008
(unless fully subscribed prior) |
|
PEP & ISA Transfers close – 14 May
2008 |
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Matures
18 June 2014 |
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Early redemption is not advised as you
might get back less than you invested. |
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